There’s no denying that the COVID-19 pandemic has completely changed day-to-day life in America. But how has it changed the experience and process of selling a home? The 2020 National Association of REALTORS® Profile of Home Buyers and Sellers compared home sellers before and during/after COVID-19. Some of their key findings included: Homeowners wanted to sell both before and after COVID...
The COVID-19 pandemic has changed what many people are looking for in their homes—and, as such, it’s shifted major home and design trends. And it looks like many of those trends are going to continue long after the pandemic is over. A recent article from realtor.com outlined the pandemic-related housing and design trends that are likely to stick around post-COVID, including: A shift to the...
The home inspection is one of the most important parts of the home buying process—and, as a buyer, you want to make sure you understand every step of the process. But how, exactly do you do that? A recent article from realtor.com outlined the key questions you should ask an inspector before, during, and after the home inspection, including: Before: What do you—and don’t you—check...
When you sell your home, you want it to sell quickly and profitably—and according to those standards, there’s never been a better time to sell than right now. According to recent data from the National Association of REALTORS®, the nationwide median existing home price in September 2020 was $311,800—up 14.8 percent year-over-year. Through October 2020 in Mammoth Lakes, the year to date median...
There are several different data points to review when analyzing the current market including median price, days on market and total inventory sold. Below is a snapshot of the last several years of transactions closed and current inventory. Condos Through 10/31/20 2019 2018 2017 2016 2015 2014 Median* Sold...
The leaves are changing, the air is getting crisp and cold, and the daylight hours are getting rapidly shorter. Unless you are in Arizona or Hawaii, it’s time to move the clocks back one hour and prepare for the upcoming winter season. This is a great time to take care of a little biannual maintenance. Here are my top seven tips that will help keep your surroundings safe and cozy all winter: 1. Test...
There are several different data points to review when analyzing the current market including median price, days on market and total inventory sold. Below is a snapshot of the last several years of transactions closed and current inventory. Condos Through 9/30/20 2019 2018 2017 2016 2015 2014 Median* Sold Price $480,000 $450,000 $402,500 $349,900 $299,750 $305,000 $292,500 Median* Days on...
House hunting is always a process—but in the midst of COVID-19, there are even more things to know and learn about successfully finding and buying a home. But what, exactly, are those things? What do you need to know to find and buy a home right now? A recent article from realtor.com outlined key lessons home buyers should know if they’re shopping during COVID, including: Don’t bank on...
An appraisal is an important part of the home selling process; you want your appraisal to accurately reflect your home’s value and your listing price. But if your home appraisal comes in lower than expected, it could cause issues with your home sale and put the deal at risk. Which is why, as a seller, you want to do everything you can to get your home ready for the appraisal. But what projects should...
When COVID-19 first hit, much of the country was under stay-at-home orders, which made it impossible for buyers to get out and see potential homes in person. And while stay-at-home orders have been lifted in most places, many buyers are still wary about hitting open houses or touring homes in person. But, as it turns out, that’s not stopping them from actually buying homes. Thanks to video...